Decision details

Working with Communities - Community Investment Fund (Non-Key)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

The proposals in this paper, and outlined further within the supporting presentation (appendix.1), build out from recent papers relating to the Council's Growth and Reform programme, and it's Working with Communities working paper. In particular this report focuses upon the opportunity to introduce an investment model which seeks to enable the growth of social movements and resilience within our communities.

Decision:

The Cabinet considered an update on progress with the Working with Communities work stream and setting out a proposal to undertake a ‘beta’ phase of a new Community Investment Fund as a prelude to a possible 2 year pilot starting in 2018 and agreed that

 

·         the proposals outlined within this report be endorsed, including:

-       the approach, ethos and principles of the Community Investment Model;

-       the associated funding considerations and next steps;

·         existing resources be committed to the Beta phase and development of the model; and

·         agreement in principle be given, subject to the outcome of the Beta phase, to receive (in early 2018) a reserve request to fund the two-year pilot proposed above and within the accompanying presentation.

 

Alternative options considered:

None

Wards Affected: (All Wards);

Equality and/or Environmental Impact Assessment: It is not anticipated that at this stage an EIA will be required but equalities implications will be considered as part of the development of the model.

Decision Reference: CAB31

Declarations or conflicts of Interest: None

Other reasons / organisations consulted

Ongoing engagement with key stakeholders will take place as part of the development and implementation of this model.

Contact: Steve Skelton, Office of the Chief Executive Email: steve.skelton@stockport.gov.uk Tel: 0161-474-3174 Holly Rae, Corporate and Support Services Email: holly.rae@stockport.gov.uk Tel: 0161 474 3014.

Report author: Holly Rae

Publication date: 04/10/2017

Date of decision: 03/10/2017

Decided at meeting: 03/10/2017 - Cabinet

Effective from: 11/10/2017

Accompanying Documents: